Corporate Recovery and Tax Incentives for Enterprises (CREATE) – House Bill 4157 and Senate Bill 1357
July 10, 2020
Regular Corporate Income Tax Current Tax Code CREATE 30% Beginning Rate 2020 25% January 1, 2023 24% January 1, 2024 23% January 1, 2025 22% January 1, 2026 21% January 1, 2027 20% CREATE retains exemption of PEZA-registered entities from Branch Profit Remittance Tax. Regional Operating Headquarters Current
